LYGG

Vantaa, Finland Founded: 2005 • Age: 21 yrs
An app-based platform for reserving private charter flights is offered.
Annual revenue - Latest available
Total funding $3.9M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About LYGG

LYGG is a company based in Vantaa (Finland) founded in 2005. LYGG has raised $3.93 million across 1 funding round from investors including Superhero Capital and Government. LYGG operates in a competitive market with competitors including Wheels Up, Surf Air, NetJets, Victor and VistaJet, among others.

  • Headquarter Vantaa, Finland
  • Sectors
    Technology
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Technology → Aviation & Specialized Tech Systems Unlock Sub-Sector Unlock Segment
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.93 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.93 M (USD), Series A

    Jun 27, 2023

  • Investors
  • Employee Count
    Not available
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People of LYGG

Headcount 10-50
Employee Profiles 11
Board Members and Advisors 7
Employee Profiles
People
Hasse Eranka
Senior Advisor, Marketing & Communications
People
Renne Hirsimäki
Senior Full-Stack Developer
People
Reko Jokelainen
CTO
People
Jari-Jussi Viinikkala
CFO & Co-Founder

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Board Members and Advisors
people
Nina Harjula
Advisor
people
Kimmo Jyllilä
Advisor
people
Vesa Silaskivi
Chairman
people
Janne Lindfors
Advisor

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Funding Insights of LYGG

LYGG has successfully raised a total of $3.93M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.93 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in LYGG

LYGG has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Superhero Capital and Government.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Superhero Capital is focused on seed funding for startups.
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-
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Investor details for LYGG

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by LYGG

Investments
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Investment portfolio details for LYGG

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Financial Statements - LYGG

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Detailed financials for LYGG

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Lygg Comparisons

LYGG Primary company
Description
An app-based platform for reserving private charter flights ...
Location
Vantaa, Finland
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for LYGG

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Competitors of LYGG

LYGG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wheels Up, Surf Air, NetJets, Victor and VistaJet, among others.

Company Name Domain Founded year HQ Location Description
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Private jets are booked through an online membership platform.
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Private airline services are offered via a membership-based subscription model.
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Private jet charters and aircraft shares are brokered online.
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Online platform for booking private jet
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Unscheduled air transportation is provided for travelers and executives.
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Private aviation flights are booked through an app-based marketplace.
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Detailed competitors of LYGG

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Latest news on Lygg

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Complete news archive for LYGG

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Frequently Asked Questions about LYGG

LYGG was founded in 2005 and raised its 1st funding round 18 years after it was founded.

LYGG is headquartered in Vantaa, Finland.

LYGG is a funded company, having raised a total of $3.93M across 1 funding round to date.

The company was founded in 2005 and is headquartered in Vantaa, Finland. Operations focus on the aviation sector through an app available on Android and iOS platforms. Users are enabled to book private charter flights along established routes, with an emphasis on emission-free travel options. Reservation solutions are provided digitally to facilitate access to charter services.

LYGG's top competitors include Surf Air, Wheels Up and Victor.

LYGG has 2 investors. Key investors include Superhero Capital, and Government.

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